Welcome to the first of a two-part series full of legal and tax tips for accountants dealing with clients selling or acquiring a business. Peter Bembrick, a tax partner at HLB Mann Judd Sydney has provided tax assistance to businesses and individuals since he joined HLB Mann Judd over 30 years ago, and became a Partner there in 2004. Sit back, relax and join Peter and Joanna in this deep discussion as they focus on relevant tips for accountants and advisers leading up to a sale.
- A little background of Peter Bembrick
- First key tax tip on selling or acquiring
- Common Mistakes when working out tax outcomes
- Planning is key
- It’s all about timing
- Why are there so many cases of business owners coming in an exit, not being armed with full information of the difference in a tax outcome?
- Set aside time for having proactive discussions with client bases
In this episode we cover legal and tax tips for accountants working with clients selling or acquiring a business. We talk with Peter Bembrick from HLB Mann Judd who with over 30 years in the game knows a thing or two and share with us his top tips for those dealing with clients who are leading to exits or who might be looking at acquiring a business.
Tune in as Joanna and Peter talk us through some of the best advice for accountants and advisers who are working on business sales. They highlight missed opportunities and the differences in business sales and the sale of shares in a company. Peter also talks about small business CGT concessions and some of the impacts following the tightening of 2018, and the benefits of business owners planning their exit well in advance.
Connect with Peter Bembrick:
- Peter Bembrick on Linkedin
- Email Peter Bembrick
- Call Peter Bembrick
- Click here to join or know more about the Accountant Advisors Community
- [EP 092] Revealing the Accountant Advisors Community – what is it and how is it relevant to you as an accountant?
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Our Business Sales and Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisitions process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
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